You will be redirected back to your article in seconds

Highlight’s net profits jump 25%

Group gets boost in annual results

Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit.

Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million.

Revenue, however, dropped 11% to $366 million from the previous year, when company was buoyed by Constantin’s box office hits “Downfall” and “Spaceship Surprise: Period 1.”

Highlight enjoyed exceptionally strong business from homevid, with revenue up 23% to $87 million, while theatrical film revs dipped 21% to $236 million. As a result, the overall share of company revenue stemming from its theatrical film biz dropped from 73% to 64.5%.

More Biz

  • A woman walks by an electronic

    China Woes Hit Shares of Japanese Games Developers

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

  • Reese Witherspoon

    CAA Sets Rare Public Event With Reese Witherspoon, Jenny Han Among Attendees

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

  • Former movie producer Harvey Weinstein arrives

    Judge Allows Harvey Weinstein Sex Trafficking Suit to Proceed

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

  • R. Kelly

    R. Kelly to Perform at MSG’s Hulu Theater in New York Next Month

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

  • Brian Speiser APA

    APA Alternative Agent Brian Speiser Promoted to Partner at APA

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

  • Live Nation Names Amy Marks EVP,

    Live Nation Names Amy Marks Exec VP, Head of Integrated Marketing

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

  • Kukai

    Tencent Unit Buys New Classics Media for $2.25 Billion

    Swiss-German entertainment group Highlight Communications on Thursday posted better than expected annual results for 2005, including a 25% boost in net profit. Highlight, which increased its stake in leading German producer-distrib Constantin Film earlier this year to more than 90%, saw earnings climb to $17.9 million. Revenue, however, dropped 11% to $366 million from the […]

More From Our Brands

Access exclusive content